This Space Stock Is up 500%. Did You Miss Your Opportunity?

"Planet Labs ( ) is up 30% in morning trading today, touching almost $17 per share after crushing third quarter earnings. This unexpected growth highlights Planet Labs' accelerating demand for its daily Earth observation data, fueled by artificial intelligence (AI) integrations in defense and commercial sectors. The quarter also marks the company's fourth straight quarter of adjusted EBITDA profits, signaling a shift toward sustainable operations in the competitive space tech arena."

"Planet Labs' top-line hit $81.3 million, smashing Wall Street's $72.2 million estimate and jumping 33% year-over-year. It was the company's strongest growth rate in years. The robust results came from a string of high-value defense and government wins: $12.8 million U.S. National Geospatial-Intelligence Agency ( NGA) award for AI-powered maritime surveillance (Luno B program) $13.2 million National Reconnaissance Office renewal for PlanetScope + Pelican imagery $13.5 million NASA environmental monitoring task order Multi-million-dollar expansions with the U.S. Navy, NATO, and an undisclosed allied ministry"

"Management raised its full-year 2026 guidance to $297 million to $301 million in revenue (from $281 million to $289 million) and now expects $6 million to $8 million of adjusted EBITDA profit - the first full-year positive figure in company history. The GAAP picture was messier, though. Net losses widened to $59.2 million from $20.1 million a year ago, driven by a $43.5 million non-cash charge from the change in fair value of warrant liabilities and higher operat"

Planet Labs reported Q3 revenue of $81.3 million, a 33% year-over-year increase that beat Wall Street estimates. The company delivered a fourth straight quarter of adjusted EBITDA profitability, indicating improving operational sustainability. Growth was driven by significant defense and government awards including NGA, NRO, NASA tasking, and expansions with the U.S. Navy, NATO, and an allied ministry. Commercial contracts from AXA, the State of Tennessee, and ag-tech customers contributed to traction. Management raised 2026 revenue guidance to $297–$301 million and forecasted $6–$8 million of adjusted EBITDA profit. GAAP net losses widened, largely due to a $43.5 million non-cash warrant fair-value charge and higher operating expenses.

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